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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Post by pacer001on Jul 06, 2022 8:32pm
196 Views
Post# 34806980

Don’t trust official oil figures then ...

Don’t trust official oil figures then ...

... check out Kayrros Crude Oil Intelligence.

The "official" figures are gyrating widely which is very suspicious. This Kayrros outfit using radar, drones, and other high tech to sniff out what and how much is actually in those huge oil tanks.

Unfortunately for the small investor they charge a lot for accurate independent  reliable data but maybe someone out there has it and could share with us. I for one would love to know and would be grateful. 



 

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